Devindera Cotton Mills Private Limited
About Devindera Cotton Mills Private Limited
Data last updated:
Devindera Cotton Mills Private Limited is a private limited company based in Muktsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1988PTC008350. Its GSTIN is 03AAECA1108Q1ZW (Punjab).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.92 Lakh. It was formerly known as A S Cotton Mills Pvt Ltd. It is led by directors including Jaswant Rai and Harry Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Balamgarh Roadmukatsar, Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.54 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 1.8%) and EBITDA of ₹8.37 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
As per MCA filings, the company has satisfied charges of ₹77.6 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBalamgarh Roadmukatsar, Muktsar, Punjab, India – 152026
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Devindera Cotton Mills Private Limited
The main business activity of Devindera Cotton Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devindera Cotton Mills Private Limited FY 2025 filings available
Devindera Cotton Mills Private Limited reported revenue of ₹1.54 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devindera Cotton Mills Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Devindera Cotton Mills Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.84 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devindera Cotton Mills Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devindera Cotton Mills are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devindera Cotton Mills Private Limited
Devindera Cotton Mills Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cotton, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evolver Techniques Private Limited | ₹1.55 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Abbie Textiles Private Limited | ₹1.54 Cr (FY 2017) | •••• | •••• | -5.0% | •••• | Karur, Tamil Nadu, India |
| Trenova Fashions Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Mumbai, Maharashtra, India |
| Weyburn Heavy Industries Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mehsana, Gujarat, India |
| Expended Elephant Private Limited | ₹1.54 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Ajmer, Rajasthan, India |
| Devindera Cotton Mills Private Limited this company | ₹1.54 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Muktsar, Punjab, India |
| Yogesh Yarns Private Limited | ₹1.54 Cr (FY 2021) | •••• | •••• | -59.0% | •••• | Navapur, Maharashtra, India |
| Eveready Synthetics Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | 510.0% | •••• | Tirupur, Tamil Nadu, India |
| Parda Online Decor Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Thane, Maharashtra, India |
| SS Digi Prints Private Limited | ₹1.54 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Delhi, India |
| Karuna Hi-Tech Products Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Parbhani, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devindera Cotton Mills by revenue in the Manufacturing industry (Cotton, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devindera Cotton Mills Private Limited
Devindera Cotton Mills Private Limited is audited by ABHIMANYU JUNEJA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABHIMANYU JUNEJA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devindera Cotton Mills Private Limited
Devindera Cotton Mills has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Garg | Additional Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Jaswant Rai | Director | 06 May 1988 | 38 Years 5 Months | Current |
| Harry Garg | Director | 23 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Devindera Cotton Mills Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devindera Cotton Mills Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2008 | State Bank of India | ₹17.6 Lakh | Satisfied |
| 29 Aug 2005 | State Bank of India | ₹40 Lakh | Satisfied |
| 13 Oct 2004 | Union Bank of India | ₹20 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Devindera Cotton Mills Private Limited
Devindera Cotton Mills Private Limited has 3 court cases on record: 1 filed by Devindera Cotton Mills, 2 where it is another party. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab | Pending |
| High Court of Punjab and Haryana | Writ petition | Company is another party | Pending |
| High Court of Punjab and Haryana | Writ petition | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Devindera Cotton Mills Private Limited
Employment history and EPFO contributions of people linked to Devindera Cotton Mills.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devindera Cotton Mills Private Limited
Devindera Cotton Mills Private Limited has 7 board changes on record since 1988: 5 appointments and 2 cessations. The latest: Harry Garg was appointed as Director on 23 Jul 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devindera Cotton Mills Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devindera Cotton Mills Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devindera Cotton Mills Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devindera Cotton Mills Private Limited
Devindera Cotton Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECA1108Q1ZW | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devindera Cotton Mills Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devindera Cotton Mills Private Limited
Devindera Cotton Mills is an active private limited company based in Muktsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 May 1988 (38+ years old) and is registered under CIN U17115PB1988PTC008350.
Devindera Cotton Mills reported revenue of ₹1.54 Cr for FY 2024 (down 1% YoY).
Devindera Cotton Mills has 3 current directors:
- Parveen Garg - Additional Director
- Jaswant Rai - Director
- Harry Garg - Director
Devindera Cotton Mills reported a net profit of ₹2.84 Lakh (net margin 1.8%) and EBITDA of ₹8.37 Lakh (EBITDA margin 5.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devindera Cotton Mills is 17% over three years and 16% over five years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devindera Cotton Mills is 03AAECA1108Q1ZW, registered in Punjab.
The CIN (Corporate Identification Number) of Devindera Cotton Mills is U17115PB1988PTC008350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devindera Cotton Mills has 3 court cases on record: 1 filed by the company. 2 are pending.
Devindera Cotton Mills was incorporated on 06 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Devindera Cotton Mills by revenue are Evolver Techniques Private Limited, Abbie Textiles Private Limited, Trenova Fashions Private Limited, Weyburn Heavy Industries Private Limited, Expended Elephant Private Limited and 5 more, all in the Manufacturing industry (Cotton, Textiles).
Harry Garg was appointed as Director on 23 Jul 2025. Rajesh Garg ceased to be Director on 23 Jul 2025. Parveen Garg was appointed as Additional Director on 28 Feb 2022. Devindera Cotton Mills has 7 board changes on record in total.